Lithuania -Slight improvement of labour market -August 15, 2014

The statistical office came with detailed figures, based on Labour Force Survey data. The unemployment rate decreased by 1.2 percentage points in the 2nd quarter of 2014 (against the 1st quarter of 2014); against the 2nd of 2013, it decreased by 0.5 percentage points. The end of June 2014 the unemployment rate in the country stood at 11.2%. However, the youth unemployment (persons aged 15-24) rate stood at 21.3% and was by 0.1 percentage points higher than in the 1st quarter of 2014, and by 0.3 percentage points higher than in the 2nd quarter of 2013.